Brothers, this market is practically screaming the words 'baiting'! Here’s a hard-hitting truth for you: 'When the K-line rises, don't get too excited; a shrinking volume is poison!' In three minutes, I'll help you see through the tricks of the dog fund.
First Layer: The Naked Truth of the Market
Current price is $106,441.05, stuck at the MA7 moving average dead spot, with a 0.95% increase hiding a shocking secret — on the right side, the $108,000 sell wall is pressing down on 355,373 short contracts, which is 15% more than the short contracts that crushed the dream of ETH at $3,000 in March!
Even worse is the trading volume: the green bar during the morning surge is 18% shorter than the red bar from the day before, looking just like impotence pretending to be a macho man. The capital flow is even more bizarre: of the $339 million net inflow, the Grayscale ETF snatched 872 BTC, but retail purchases on Coinbase shrank by 18%, this is clearly institutions playing tricks!
Second Layer: The Life-and-Death Line of the Technical Analysis
Two life-or-death doors:
• Ghost Gate: $108,000
• Bridge of No Return: $104,000
Current RSI at 69.8 is all about the heartbeat — just 0.2 points away from the overbought line at 70, the dog fund's control is outrageously precise! Combined with a 0.012% funding rate and a liquidation heatmap at $107,500, I’ve seen this script before: last December, the fake breakout at $44,000 was just like this!
Third Layer: Tonight's Thunderstorm Zone
Federal Reserve's Waller goes hawkish: 'No interest rate cut in September', U.S. stock futures have already plummeted, and at Binance 16:23, 355,373 contracts split ahead of the 20:30 U.S. PMI data release, the volatility index surged to 82.
Life-Saving Operations Manual
• Current price at $106,441, reduce positions by 30%, only chase if it breaks $108,300 with a volume doubled.
• Limit orders to set up: $104,200 to catch a spike, $108,000 to short on breakout.
• Stop-loss must be set below $103,800.
Finally, a soul-crushing reminder: remember 'if it should break but doesn't, disaster is imminent!' At 8:30 tonight, it will either surge by a thousand dollars or crash by a thousand — be ready with a first-aid kit in the live stream, I’ll take you to the edge of the knife!
As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like + comment + follow, and let’s navigate the bull market together to seize this great opportunity!
#币安Alpha上新 #币安Alpha推出MERL交易竞赛 #BTC
Intraday: AAVE ETH BTH
